Tesla, Inc. reported second-quarter 2026 results with revenue rising to $28.24B and diluted EPS of $0.32, while net income was $1.11B, a slight decline from the prior-year quarter despite stronger top-line growth.
Financial Highlights
| MetricCurrent quarterPrior year quarterYoY change | Revenue¹$28.24B$22.5B25.5% | Net income²$1.11B$1.17B(4.9%) | Diluted EPS³$0.32$0.33(3%) |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to common stockholders”. ³ Reported as “Diluted income per share of common stock attributable to common stockholders”.
Business Highlights
- Total revenues grew 26% year-over-year for the quarter and 21% year-to-date, driven by higher vehicle deliveries and services.
- Cash vehicle deliveries rose 25%, with notable growth in used-vehicle sales, service revenue and paid Supercharging.
- Product and service expansions included the launch of a Robotaxi service in June 2025 and expanded FSD (Supervised) subscriptions, supporting recurring revenue potential.
- Operational progress included the start of Cybercab production, ramping of new battery and materials factories, and deployment of 22.3 GWh of energy storage year-to-date.
- Investments continue in AI, autonomy, Optimus robotics, semiconductors and solar fabs, with capex expected to exceed $25B in 2026.
Original SEC Filing:
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